29 November 2012 , Manila, Philippines: The January to October fiscal deficit of the National Government reached P115.736 billion. The National Government deficit in October amounting to P9.674 billion is…
"We welcome the third quarter GDP figures showing broad-based growth across all sectors, going beyond market expectations and placing us above most of our ASEAN peers. Coupled with the multiple…
All valid insured deposit claims will be paid The Monetary Board (MB) placed Siam Bank (A Rural Bank), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by…
All valid insured deposit claims will be paid The Monetary Board (MB) placed Ilocandia Community Bank, Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue of…
The Bureau of Customs (BOC) has taken steps to clear up the ports of overstaying containers to accommodate the Christmas import surge and prevent any downtime in business operations. "We…
The Bureau of Internal Revenue highlights overwhelming growth in sin tax collection as an indication of the inconclusiveness of a report alleging the fast-rising illegal cigarette trade in the country.…
After their foiled attempt to illegally slip two forty footer container vans of Pigeons, Peking Duck, Chicken and Piglet from China in October 15, 2012, a trader and his broker…
“We congratulate and thank our partners in the Senate, especially our sponsor Senator Frank Drilon, for passing the sin tax bill on third and final reading. We also thank all…
"We congratulate and thank our partners in the Senate, especially our sponsor Senator Frank Drilon, for passing the sin tax bill on third and final reading. We also thank all…
For the month of October 2012, the BIR collected Php 86.1 billion in tax revenues, Php 15.6 Billion or 22.13% more than collections made in October of 2011, and substantially…
